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Politics : PRESIDENT GEORGE W. BUSH

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To: Sedohr Nod who wrote (354115)2/5/2003 3:24:20 PM
From: Just_Observing  Read Replies (2) of 769670
 
Do yourself a favor and study market cycles over the last 100 or so years

Democrats, it turns out, are much better for the stock market than Republicans. Slate ran the numbers and found that since 1900, Democratic presidents have produced a 12.3 percent annual total return on the S&P 500, but Republicans only an 8 percent return. In 2000, the Stock Trader's Almanac, which slices and dices Wall Street performance figures like baseball stats, came up with nearly the same numbers (13.4 percent versus 8.1 percent) by measuring Dow price appreciation. (Most of the 20th century's bear markets, incidentally, have been Republican bear markets: the Crash of '29, the early '70s oil shock, the '87 correction, and the current stall occurred under GOP presidents.)


Note that the sub-par performance of Republican presidents does not include the horrendous performance under the current occupant

Why do all bear markets bear the Republican mark of incompetence? For truth in advertising, the GOP logo should be a bear.

dailykos.com
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